Newspaper advertisement - transfer of shares to IEPF
Awaiting price reaction for this filing.
J.B. Chemicals & Pharmaceuticals Limited (BSE: 506943) published a newspaper advertisement on June 18, 2025 in Business Standard (English) and Sakal (Marathi), informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). This action is being taken under Section 124(6) of the Companies Act, 2013, which applies to shares where dividends have remained unclaimed for seven consecutive years. The disclosure was filed with BSE under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.
Shareholders who have not claimed dividends on their JBCHEPHARM shares for seven straight years risk having their shares moved to the IEPF and losing ownership. Affected investors should act quickly to file a claim with the company to get their shares back before the transfer takes effect.